North Korean hackers stole $41M in crypto from online casino to fund nuclear program: FBIBy Melissa Koenig
Published Sep. 8, 2023
North Korean hackers made off with nearly $41 million worth of cryptocurrencies from an online casino and sports betting site this week — money officials worry will be used to bolster the country’s nuclear weapons program ahead of an expected arms deal with Russia.
The FBI announced on Wednesday it had traced the hack of Stake.com back to North Korea and its state-sponsored Lazarus Group, which has stolen more than $200 million in cryptocurrencies over the past year alone.
In 2022, blockchain analytics company Chainalysis found it had stolen a whopping $3.8 billion from crypto business.
“In recent years, there has been a marked size and scale of cyber attacks against cryptocurrency-related businesses by North Korea,” blockchain intelligence firm TRM Labs reported in June.
“This has coincided with an apparent acceleration in the country’s nuclear and ballistic missile program.”
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Source:
https://nypost.com/2023/09/08/north-korean-hackers-stole-41-million-in-crypto-to-fund-casino/
